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because obama overplayed his hand. he's doing it again. just as he did in 2008. he thought the country had given him a blank sheet of paper to work on. he did the stimulus spending. he went from 70% support down to below 50% and lost the house. now he gets re-elected with less strength, not against a war hero but a guy from massachusetts, and the republicans have the house and he thinks somebody made him king and he's going to have more taxes, more spending, and more regulations. it's a real problem for him. he doesn't have the mandate he thinks he does. so i think he takes us over the cliff because he doesn't -- he's got blinders on. he doesn't see where he stands in the universe. >> okay. there are a couple things to unpack here. i want to go back to this question -- i think what i'm confused about is this kind of game of smoke and mirrors that seems to be playing out on the right. and i ask you again, is closing a loophole and ending a deduction the same thing as raising taxes? >> you have to look at the whole package. i mean i would think if you're going to -
because obama overplayed his hand. he's doing it again. just as he did in 2008. he thought the country had given him a blank sheet of paper to work on. he did the stimulus spending. he went from 70% support down to below 50% and lost the house. now he gets re-elected with less strength, not against a war hero but a guy from massachusetts, and the republicans have the house and he thinks somebody made him king and he's going to have more taxes, more spending, and more regulations. it's a real...
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barack obama has 3.5 million plus. so if 3 3.5 million plus isn't enough of a mandate to do something about taxes, what the hell was a half million loss? >> we're going to miss you congressman frank, barney frank ending an incredible career in massachusetts. we'll have you back again, if we can. >> i'll be around, chris. >> i want to ask you what you'll miss, positively and negative will from the congress. thanks for coming on tonight, congressman. >> you're welcome. >>> when we return, let me finish with whether the politicians who run the government will be able to do what's right, do what's necessary. this month. you're watching "hardball," the place for politics. made a comm. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for ge
barack obama has 3.5 million plus. so if 3 3.5 million plus isn't enough of a mandate to do something about taxes, what the hell was a half million loss? >> we're going to miss you congressman frank, barney frank ending an incredible career in massachusetts. we'll have you back again, if we can. >> i'll be around, chris. >> i want to ask you what you'll miss, positively and negative will from the congress. thanks for coming on tonight, congressman. >> you're welcome....
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that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands. it's still this underappreciate ed it thing about what is important to him. and also how long it's been important to him. today president obama underscored how seriously he's taken this issue from the beginning of his career in a speech praising in part republican richard lugar's work on nuclear weapons and nuclear material as senator lugar prepares to leave washington after decades. >> it was dick who took me on my first foreign trip as a senator to russia and ukraine. i remember walking through one facility. i started leaning in for a closer look and on
that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands....
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they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announce
they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in...
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obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. joining me is joy reid of the grio and howard fineman of the "huffington post." joy, you're chuckling because it is weirdly true. it's almost like groundhog day, this guy, boehner, he's not a bad guy, but he's operating on a bad thought here. the election didn't happen. >> it's incredible. it's amazing watching john boehner reach for anything, simpson/bowles which, by the way, assumed that the tax cuts for the top 2% would be gone, but he forgets about that, and boehner is trying to offer the same exact policies that mitt romney ran and lost on, that the republicans tried to negotiate with the white house. it is incredible. and the only way i can explain this, the only
obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. joining me is joy reid of the grio and howard fineman of the "huffington post." joy, you're chuckling because it is weirdly true....
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guess where obama was this year? 61.7%. >> i challenge anybody to find another county with that dramatic of an uptick, that size of a county. speaking of counties, the bellwether presidential -- now the state with the longest streak is ohio. missouri lost its standing a couple of cycles ago. ohio, every winning election back to '64 if that's correct, right? '60 was the last time they were wrong. >> if anyone has been to terre haute, indiana, they have successfully predicted the winner of every presidential election back to 1956 and guess what the total was this year? it's one of the first counties to report votes on election night, too, 19,712 for obama. 19,349 for romney. >> so it overperformed -- or underperformed for the president? >> but uncanny accuracy in prediction. >> one thing i took away from the swing states versus the nonswing states which i think is something republicans ought to be aware, where the democrats can implement their get out the vote, this is, i believe -- even in losing elections they have o
guess where obama was this year? 61.7%. >> i challenge anybody to find another county with that dramatic of an uptick, that size of a county. speaking of counties, the bellwether presidential -- now the state with the longest streak is ohio. missouri lost its standing a couple of cycles ago. ohio, every winning election back to '64 if that's correct, right? '60 was the last time they were wrong. >> if anyone has been to terre haute, indiana, they have successfully predicted the...
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president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves the ball a little bit in the sense it gives us an idea of what the house gop conference would be willing to accept and that is really to put it in place, caps, specific numbers, that could be worked on next year. essentially you're going to bank specific things the white house would give. perhaps an increase in the medicare age. perhaps a change in the cpi in terms of how social security is doled out. the idea that's what the plan would possibly look like. that was a movement more towards the center. as president obama said it's unacceptable. when i was walking over here i spoke to a senior republican senator and he pretty much said look, we accept that eventually these rates on th
president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves the ball a little bit in the sense it gives us an idea of what the house gop conference would be willing to accept and that is really to put...
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/clint or clinton/obama. so that talk is going to keep going. >> what a ticket. >> it would be a great ticket. >> she's a young woman. she's only in her late 40s right now. so a long way to go. >> right. >> allison samuels, thank you. the book is, "what would michelle do?" >>> if you are in a home right now, it's called the home mortgage interest tax deduction. it let's you and millions like you deduct the interest that you pay to your mortgage company. it can be taken for interest on mortgages up to $1 million for a first or second home and interest up to $100,000 in home equity loans. but as deep-seed lawmakers lock horns of ways to cut spending and increase revenues, there's a chance that tax break, which costs the government $100 billion a year, could vanish. a columnist, financial advice blog, ask the money coach joining me right now. this is a red flag for so many people around the country and as we come up on the end of the year. who benefits most from this deduction? >> well, homeowners, of course. if
/clint or clinton/obama. so that talk is going to keep going. >> what a ticket. >> it would be a great ticket. >> she's a young woman. she's only in her late 40s right now. so a long way to go. >> right. >> allison samuels, thank you. the book is, "what would michelle do?" >>> if you are in a home right now, it's called the home mortgage interest tax deduction. it let's you and millions like you deduct the interest that you pay to your mortgage...
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what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment. >> reporter: for the jobless, president obama is asking congress for millions more. and more on the president's plan which will pitch to governors today largely spares social se
what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon...
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the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax rates. if they recognize the reality that we can't afford to extend those tax rates, then we have a basis for the agreement and that's going to be the responsible thing to do and my judgment is they are going to do it. >> joining me now, ezra klein, huffington post, ryan grim. ezra, what do you make of the boehner proposal that was kind of cribbed from erskine bowles? >> two things. one, republicans are terrified about by the polls showing that they are going to immediately get blamed if they are not willing to compromise. the reason you initiate the bowles' plan is you say, look, they are going along with t
the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax...
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right now, seven governors are about to walk into a meeting with president obama. they are both republicans and democrats. they all want to know how he's going to handle the fiscal cliff crisis. they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced approach to the deficit. it does have some revenue in it, even though it's not from tax increases. so what does this opening offer say about where we are in these negotiations? >> well, it seems very difficult to imagine that we're going to be getting to a deal that will handle everything that needs to be addressed before the end of the year. i think the first main thing that needs to
right now, seven governors are about to walk into a meeting with president obama. they are both republicans and democrats. they all want to know how he's going to handle the fiscal cliff crisis. they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you...
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president obama said it's not the time to sit down. that essentially these gothss are getting hammered out behind the scenes. you had the white house congressional holiday party last night, and according to multiple sources who were there, house speaker john boehner and the president didn't even speak. the house speaker didn't get in line to shake hands with the president, to greet him. i have spoken to sources within his office who say there were a lot of people there and he sees the president all the time, but it's a sign that these negotiations at least at their top levels have come to a bit of a stand still and that is something that is causing a lot of people concern tonight. >> it's a shame he isn't offer that courtesy to the president. the president has sate the current proposal is unbalanced, but with speaker boehner now being attacked by people within his own caucus, as you know, does this not suggest he probably won't be able to do any better, and i guess that must mean we're going to get to the end of the year and go over th
president obama said it's not the time to sit down. that essentially these gothss are getting hammered out behind the scenes. you had the white house congressional holiday party last night, and according to multiple sources who were there, house speaker john boehner and the president didn't even speak. the house speaker didn't get in line to shake hands with the president, to greet him. i have spoken to sources within his office who say there were a lot of people there and he sees the president...
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and more on the box republicans are in and president obama's power play. senator barbara boxer of california joins me on that. >>> plus, it's the gop's worst nightmare come true. here comes elizabeth warren on the banking committee. this is about to get interesting. you're watchinging "politicsnation" on msnbc. >> this isn't good. friends of mitt romney are saying that he's bored now. that he's no longer running for president. though not as bored as the rest of us were when he was running for president. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and
and more on the box republicans are in and president obama's power play. senator barbara boxer of california joins me on that. >>> plus, it's the gop's worst nightmare come true. here comes elizabeth warren on the banking committee. this is about to get interesting. you're watchinging "politicsnation" on msnbc. >> this isn't good. friends of mitt romney are saying that he's bored now. that he's no longer running for president. though not as bored as the rest of us were...
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there is a report out that president obama is considering this woman. she's the editor in chief of "vogue "t" anna winter, he's considering giving her an ambassador job in england or france. do you buy that story? -p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibil
there is a report out that president obama is considering this woman. she's the editor in chief of "vogue "t" anna winter, he's considering giving her an ambassador job in england or france. do you buy that story? -p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. stop! stop! stop! come back here! humans -- we are beautifully imperfect...
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. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on their income officials $250,000. the same rate we had when bill clinton was president and our economy kree aed nearly 23 million new jobs. >> and there are reports that republicans are considering a doomsday plan should talks break down. according to senior republican sources the gop would allow a vote on extending bush tax cuts for the middle class and nothing more. under one variation of this plan, house republicans would vote present on the bill to voice their disapproval but still allowing it to pa
. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it...
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there's no question the economy is coming back with president obama in charge. and there's one more thing we need to set the record straight on and that is -- >> my dad was head of a car company. i like american cars. i would do nothing to hurt the u.s. auto industry. >> nothing. the car lover is now driving a brand new audi q7. is that it? romney is spotted in san diego climbing into this brand new $46,000 ride? this car is made in slovakia. the economy is on the road to recovery. let's bring in sam stein, reporter for "the huffington post." there's so much evidence that the republicans had the wrong narrative during the election. they have the wrong narrative right now. this should be really a boom for the democrats right now in the conversation world, shouldn't it? >> yeah, like you mentioned, consumer confidence is growing. the wind is at the president's back with respect to how people perceived the economy. the factor here is what happens if, for instance, in the process of these negotiations, consumer confidence dips. people feel like they are troubled by
there's no question the economy is coming back with president obama in charge. and there's one more thing we need to set the record straight on and that is -- >> my dad was head of a car company. i like american cars. i would do nothing to hurt the u.s. auto industry. >> nothing. the car lover is now driving a brand new audi q7. is that it? romney is spotted in san diego climbing into this brand new $46,000 ride? this car is made in slovakia. the economy is on the road to recovery....
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obama said i wanted it extended for 2012. republicans at first said no, and boehner had to say no with them. when the deadline came last christmas, around last christmas republicans started to panic but polls showed people would blame them. all of a sudden those voices said let's not have this fight now. >> he's banking on that happening. >> that has to happen again. >> i spent some time working the phones today, because it's interesting to see both sides and by both sides i mean these guys. and then gop establishment guys sort of explain what's going on here today. from the perspective of these so-called dissidents as roll call is calling them. >> that's roll call. from their perspective they're punished for being too conservative. as you pointed out, steve, they're being punished in their minds for going too far to the right of people like speaker boehner. i talked to tim hul's camp, one of the congressman removed from two questicommittees. he said, look, this is something that establishment republicans do. how often do you
obama said i wanted it extended for 2012. republicans at first said no, and boehner had to say no with them. when the deadline came last christmas, around last christmas republicans started to panic but polls showed people would blame them. all of a sudden those voices said let's not have this fight now. >> he's banking on that happening. >> that has to happen again. >> i spent some time working the phones today, because it's interesting to see both sides and by both sides i...
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and obama would be remiss not to try. go ahead, eugene. >> obama has talked about -- he phrased it as breaking the fever, i think, at one point. this sort of solid wall of adamanting opposition to any sort of tax rate increase ever in the house has been seen as a problem to him from day one. and coming off the election, he's in a stronger political position than he's been in before. his incentive is not to rush into the room, his strength is out among public opinion where that's friendlier terrain for him. whereas once they get in the room, of course, republicans still have power, still have control of the house. >> yeah. >> so there's no great incentive for him to rush to compromise at this point. >> gene, why is -- why is raising the top marginal rate so important to the president as well as liberals across america? why -- explain why the is that so important? >> well -- >> and i'm talking specifically the top marginal rate. not taxes on the rich. because the rich have been skating by for too long. i've said it it's imm
and obama would be remiss not to try. go ahead, eugene. >> obama has talked about -- he phrased it as breaking the fever, i think, at one point. this sort of solid wall of adamanting opposition to any sort of tax rate increase ever in the house has been seen as a problem to him from day one. and coming off the election, he's in a stronger political position than he's been in before. his incentive is not to rush into the room, his strength is out among public opinion where that's...